Yes, President Obama said some stuff in his State of the Union address that conservatives could like. No, he’s not about to recast himself as Milton Friedman. But there were some positive notes:
1. Tax reform. Obama professes to want to reform the tax code to eliminate all the loopholes enacted by the Chamber of Commerce. I’m sorry, I mean the Chambers of Congress.
It’s nice, except that Obama wants to abolish the accepted notion that tax reform should be revenue neutral, using it to raise taxes and throw the money at “upgrading our ports, unclogging our commutes” and so forth. If Republicans can suppress Obama’s tax and spend impulse, this could be a good thing.
2. Slash Bureaucracy and “streamline the permitting process for infrastructure construction jobs.” Okay, I’m down with slashing bureaucracy. And infrastructure building is a core government function. As long as you don’t then turn around to entrepreneurs, point to their businesses, and scold them, “you didn’t build that.”
3. Cut red tape to help businesses build new natural gas factories. Yes, cut red tape, nice, good. Of course, he wants to use natural gas to power “green” natural gas vehicles, which will require lots of government mandates and taxpayer support. Bad.
4. Some kind of new IRA. Not sure how serious about this he is because he couldn’t even pronounce it. But I’d take a look at a new savings idea. Savings good.
5. Sergeant First Class Cory Remsburg. What an beautiful gesture to our troops and to one hero in partricular. Very sincerely and eloquently introduced by Obama. High marks for this one.
Of course, we do accountability here, so coming up next, the five worst things about Obama’s SOTU speech. Stay tuned.